Balance of Payments

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The country’s overall balance of payments position posted a surplus of US$0.92 billion in December 2017, compared to the US$0.21 billion deficit recorded in the same month in 2016.

The country’s overall balance of payments position in FY 2017 posted a deficit of US$0.86 billion, 105.48% higher than the US$0.42 billion deficit recorded in 2016.

In January-September 2017, the balance of payments position yielded a deficit of US$1.37 billion. The country’s current account registered a surplus of US$28 million in January-September 2017 from a US$454 million deficit in January-September 2016. Meanwhile, the financial account recorded net outflows of US$765 million from a deficit of US$754 million in January-September 2016.